XAUUSD have chance to long term BULLISH
# Disclaimer on, just sharing not advise to buy or sell
I open the chart in very high timeframe which is you can see above in 3 Month. So as you can see long term investment in Gold actually in Bullish Trend although a few times before actually GOLD move in ranging price between 1650 until 2000. But, in the ranging market I believe that the continuation of the market it can be either bullish or bearish after that. Then I have to looking for higher timeframe to see the helicopter view of the market. As you see above the price make a cup handle patterm which is the continuation to become Bull market. Target price of GOLD that I believed is around 3400 /oz.
I open the chart in very high timeframe which is you can see above in 3 Month. So as you can see long term investment in Gold actually in Bullish Trend although a few times before actually GOLD move in ranging price between 1650 until 2000. But, in the ranging market I believe that the continuation of the market it can be either bullish or bearish after that. Then I have to looking for higher timeframe to see the helicopter view of the market. As you see above the price make a cup handle patterm which is the continuation to become Bull market. Target price of GOLD that I believed is around 3400 /oz.
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